According to a text sentiment analysis, nearly 36.5 per cent of the lines in Finance Minister Nirmala Sitharaman’s Interim Budget 2024 speech displayed positive sentiments.
Any government would increase the emphasis on social welfare schemes. The votes lie disproportionately in rural areas but the income is disproportionately concentrated in urban areas.
The revised budget estimate for the Union health ministry for 2023-24 is 9.6% lower than the original estimate, reflecting how funds for several schemes were underused by states.
Capital expenditure for next FY is achievable but could be challenging given this year's under-achievement. Moreover, rise of interest payments doesn't bode well for quality of expenditure.
Nirmala Sitharaman’s speech outlined the success of the Modi government & reiterated its focus on four ‘castes’: women, poor, farmers and youth. But there were no big announcements.
The Interim Budget 2024 provides guidance for formulating policies to foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, and generate resources to power investments.
The Interim Budget 2024 offers a neat milestone to compare economic, taxation, and expenditure philosophies of Manmohan Singh and Narendra Modi’s ten-year tenures.
That giveaways under PM Kisan weren't doubled tells us BJP is confident of winning, thinks things like infra will work instead & isn’t willing to suspend fiscal caution in an election year.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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